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Crypto Self-Custodying Offers Protection Amid FTX Exchange Fallout

24.11.2022
Huge losses of funds at FTX have shaken the trust of crypto investors, but private keys and crypto wallets can protect investors from fraud and mismanagement

Bridge Champ will let players generate NFT badges and crypto rewards soon per the new roadmap

24.11.2022
Bridge Champ, the blockchain-based global bridge platform, has unveiled its latest roadmap. The significant upcoming development is the ability to generate NFT badges and crypto rewards tied to in-game achievements. The blockchain-based online bridge platform has built strong momentum in the past...

Binance aims to allocate $1 billion for crypto recovery fund

24.11.2022
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund

This Exchange Enables Users to Self-Audit the Firm’s Crypto Reserves – This is How it Works

24.11.2022
Major crypto exchange OKX said it launched a self-audit feature, which currently supports three cryptoassets. "You can now verify your assets are backed 1:1 on OKX," said the announcement. The new feature supports bitcoin (BTC), ethereum (ETH), and the USDT stablecoin, with more assets to come...

UK bank Starling bans crypto-related purchases and deposits citing high risk

24.11.2022
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants

Crypto Exchange Bybit Announces $100M Fund to Support Institutional Clients

24.11.2022
The exchange will offer up to $10 million to institutional clients and market makers

Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year

24.11.2022
New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows that the United States, which has over 34,000 crypto...

Crypto lender Hodlnaut reportedly faces police investigation in Singapore

24.11.2022
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million

Leading Crypto Wallet MetaMask Reveals it Collects User Data, Faces Backlash From Community

24.11.2022
Major Ethereum (ETH)-focused blockchain company ConsenSys updated its privacy policy on Wednesday, stating that the popular crypto wallet MetaMask will be collecting certain user data - much to the dissatisfaction of the privacy-loving community. The wallet co-founder, however, said that this...

Russian Lawmakers Want to Create a State-run Crypto Exchange

24.11.2022
Russian lawmakers have devised a plan that could see the nation create a state-run crypto exchange. Per Vedomosti, members of the State Duma, Russia’s parliament, have “begun to develop a draft amendment” that involves “creating a national crypto exchange in Russia.”... Read More: Russian...

New York Attorney General Urges Congress to Prohibit Retirement Investments in Crypto Assets

24.11.2022
New York Attorney General Letitia Games has urged lawmakers to ban the use of crypto assets as an investment option for retirement accounts. In a November 22 letter penned to members of Congress, James claimed that US lawmakers need to protect workers’ retirement funds from high-risk crypto...

Binance.US to Bid for Crypto Lender Voyager, CZ Confirms

24.11.2022
Binance CEO Changpeng "CZ" Zhao has confirmed that the exchange's U.S. wing will be making a fresh bid for crypto lender Voyager now that the defunct FTX is unable to follow through with acquiring it

IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed

24.11.2022
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country...

Binance Targets $1B Recovery Fund for Distressed Crypto Assets: Bloomberg

24.11.2022
The Binance fund will be open to contributions from other industry players

Russia intends to launch a ‘national crypto exchange’

24.11.2022
Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders

Singapore Starts Fraud Investigation In to Crypto Exchange Hodlnaut: Reports

24.11.2022
The police are reportedly looking into allegations of cheating and fraud by the company and its directors

Bitget Gives Investors an Edge With a Series of Crypto Social Trading Features

24.11.2022
For most retail investors, trading has traditionally been a solitary exercise, making the barrier to entry relatively high. Information regarding trading instruments and market conditions can often be hard to come by or, at other times, too complex for beginners to grasp. Here at Bitget,...